The India off-road vehicles market size reached USD 1.14 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.08 Billion by 2033, exhibiting a growth rate (CAGR) of 6.34% during 2025-2033. The market is expanding due to the rising demand in agriculture, construction, and adventure tourism. Increasing infrastructure projects and government initiatives for rural mobility drive growth. Key players focus on technological advancements and electric off-road vehicle development to enhance market competitiveness, thereby contributing to the market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 1.14 Billion |
Market Forecast in 2033 | USD 2.08 Billion |
Market Growth Rate (2025-2033) | 6.34% |
Growing Demand for Utility and Recreational Off-Road Vehicles
India’s off-road vehicles (ORV) market is witnessing rising demand for both utility and recreational applications. The expansion of infrastructure projects, mining operations, and agricultural mechanization is driving the adoption of all-terrain vehicles (ATVs) and utility task vehicles (UTVs). For instance, as per the Press Information Bureau, National Highway network across India witnessed expansion of 1,46,145 km during 2024, up from 91,287 km in 2014. In line with this, 18,926 km of roads are successfully completed under the Bharatmala Pariyojana by 2024 November. Moreover, farmers and industrial users are increasingly investing in ORVs to enhance efficiency in rough terrains. Additionally, recreational off-roading is gaining popularity, particularly in tourism hubs and adventure sports destinations. The rise in disposable income, growing interest in motorsports, and the availability of organized off-roading events are further fueling sales. The introduction of technologically advanced ORVs with improved suspension systems, safety features, and fuel efficiency is also attracting consumers. Government regulations supporting off-road tourism and subsidies for mechanized farming equipment are likely to boost market growth. However, high import dependency for premium ORVs and regulatory restrictions on on-road usage remain key challenges for manufacturers and buyers.
Electrification and Technological Advancements in Off-Road Vehicles
Electrification is rising as a notable trend in India’s off-road vehicles market, with manufacturers investing in electric ATVs and UTVs to address sustainability concerns and reduce operational costs. Rising fuel prices and stringent emission norms are pushing demand for electric ORVs, particularly in industrial and agricultural applications. Electric ORVs offer benefits such as reduced costs of maintenance, minimized noise levels, and improved energy efficiency, positioning them as suitable choice for eco-sensitive zones, including forests and mining areas. For instance, in March 2025, Ultraviolette launched Shockwave, its first electric motorcycle, developed for both off-road and on-road situation, across India. Commercial sale is anticipated to initiate in first quarter of 2026. Furthermore, companies are focusing on battery performance improvements, extended range capabilities, and fast-charging solutions to enhance adoption. Technological advancements, including GPS tracking, terrain adaptability features, and autonomous driving assistance, are also reshaping the market. The increasing presence of global players in India, along with domestic startups innovating in electric off-road mobility, is expected to accelerate market growth. However, limited charging infrastructure in rural and remote areas poses a barrier to widespread adoption.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes all-terrain vehicle, utility terrain vehicle, snowmobile, and three-wheeler.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Products Covered | All-Terrain Vehicle, Utility Terrain Vehicle, Snowmobile, Three-Wheeler |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: